Thinking of Buying a Home in Victoria? Here’s What You Need to Know
If you’re thinking about buying in Victoria—whether you’re relocating, investing, or moving up locally—it’s worth getting grounded in what makes this market unique. From pricing trends and seasonal shifts to neighbourhood vibes and legal logistics, there’s a lot to navigate. The good news? You don’t have to do it alone.
I'm Dan Juricic, a local realtor who lives and works here in Greater Victoria. I’ve helped many clients—from first-time buyers to seasoned homeowners—find the right home in the right neighbourhood, without the guesswork. Here’s what I want you to know before you dive in.
📊 Victoria's Market Has Its Own Rhythm
Victoria is one of the most desirable markets in Canada, and that’s not just hype—it’s our lifestyle, climate, and tight-knit communities that keep demand high. That said, it’s not a one-size-fits-all market.
A few things to keep in mind:
Inventory ebbs and flows—spring and fall are typically more active, while winter is quieter.
Prices are resilient, especially for detached homes in core areas like Oak Bay, Fairfield, and Saanich East.
Condos and townhomes continue to be strong options for first-time buyers, investors, and downsizers alike.
💰 Set a Realistic Budget and Get Pre-Approved
Before we start looking at homes, it’s important to know what you can comfortably afford. A pre-approval gives you clarity on your price range and strengthens your position when it’s time to write an offer.
I work closely with trusted local mortgage brokers who understand this market and can find products that work for your situation—especially when rates are shifting as they are now.
📍 Find a Neighbourhood That Fits Your Lifestyle
Each neighbourhood in Greater Victoria has its own energy, price point, and community feel. Here are a few quick examples:
Oak Bay – Classic homes, tree-lined streets, and a great school catchment.
Langford – More modern builds and better bang for your buck.
James Bay – Walkable, historic, and close to downtown.
Saanich East – Quiet cul-de-sacs, parks, and long-term family appeal.
Fernwood – Eclectic, artsy, and full of character.
The goal isn’t just to find a house—it’s to find a spot that feels like home.
🤝 Work With a Local Realtor Who Knows the Market
This market moves fast—and context matters. As a local agent, I help my clients:
Spot opportunities in competitive areas
Access listings before they hit the public market
Understand pricing based on real-time data, not headlines
Avoid common pitfalls with inspections, strata docs, and offers
Whether you’re a first-timer or looking to level up, I’m here to make sure the process is clear, strategic, and low on stress.
🔍 What to Watch for During Home Tours
It’s easy to fall in love with a home at first glance, but here’s what we’ll keep an eye on together:
Roof, foundation, windows, and major systems
Age and efficiency of heating, plumbing, and electrical
Layout, natural light, noise levels, and livability
Strata docs (if it's a condo or townhouse) to make sure the financials and bylaws are solid
✍️ Writing a Strong Offer That Gets Noticed
Once we find the right place, the offer matters. We’ll discuss:
How to price competitively without overpaying
What subjects to include (inspection, financing, appraisal, etc.)
How to position your offer in multiple-offer situations
Offers aren’t just about price—they’re about timing, terms, and presentation. That’s where I bring value.
🔑 Closing, Costs, and What to Expect
Don’t forget to factor in:
Property transfer tax
Legal or notary fees
Home inspection and appraisal
Final adjustments and moving costs
I’ll walk you through the timeline, help connect you with professionals (lawyers, inspectors, brokers), and make sure nothing gets missed.
🎯 Bottom Line
Buying a home in Victoria is exciting—but it’s also a big step that deserves solid advice and clear guidance. I’m here to help you move forward with confidence, whether you’re buying your first condo, upsizing to a family home, or planning your long-term real estate goals.
📞 Ready to chat strategy or just have questions? Reach out anytime.
Dan Juricic | 250-514-8261
Serving Greater Victoria